Jennison Associates Portfolio holdings
Jennison Associates, founded in 1969 and headquartered in New York City, is a global investment management firm managing over $194 billion in assets as of late 2024, specializing in active equity and fixed-income strategies. A subsidiary of PGIM, the asset management arm of Prudential Financial, Jennison serves a diverse client base—including institutions, sub-advisory clients, public plans, endowments, and corporations—with a focus on fundamental research, bottom-up portfolio construction, and high-conviction investing. Known for its equity expertise across styles, geographies, and market capitalizations, as well as investment-grade fixed-income offerings, the firm employs seasoned portfolio managers averaging 29 years of industry experience and 16 years with Jennison. With additional offices in Boston and a culture emphasizing intellectual rigor and long-term client outcomes, Jennison has built a reputation for excellence and stability in the investment management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AstraZeneca
AZN
|
+$774M |
| 2 |
Intuitive Surgical
ISRG
|
+$654M |
| 3 |
S&P Global
SPGI
|
+$464M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$326M |
| 5 |
CELG
Celgene Corp
CELG
|
+$243M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FedEx
FDX
|
+$591M |
| 2 |
Broadcom
AVGO
|
+$550M |
| 3 |
Monster Beverage
MNST
|
+$408M |
| 4 |
Booking.com
BKNG
|
+$377M |
| 5 |
McDonald's
MCD
|
+$371M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.27% |
| 2 | Consumer Discretionary | 16.23% |
| 3 | Healthcare | 15.49% |
| 4 | Financials | 12.97% |
| 5 | Communication Services | 11.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Columbia Banking Systems
COLB
$8.84B
| $1.95M | ﹤0.01% |
50,358
-638
| -1% | -$26.5K |
|
527
MakeMyTrip
MMYT
$5.37B
| $1.94M | ﹤0.01% |
70,713
+686
| +1% | +$21.9K |
|
528
Chemed
CHE
$7.1B
| $1.82M | ﹤0.01% |
5,682
-375
| -6% | -$120K |
|
529
Lear
LEA
$7.33B
| $1.78M | ﹤0.01% |
12,266
+2,180
| +22% | +$373K |
|
|
TPH
530
DELISTED
Tri Pointe Homes
TPH
| $1.77M | ﹤0.01% |
142,852
+10,434
| +8% | +$154K |
|
531
Ciena
CIEN
$52.7B
| $1.77M | ﹤0.01% |
56,591
-9,451
| -14% | -$265K |
|
532
Copart
CPRT
$27.4B
| $1.74M | ﹤0.01% |
134,928
-12,680
| -9% | -$189K |
|
533
Virtu Financial
VIRT
$5.15B
| $1.67M | ﹤0.01% |
81,567
+11,166
| +16% | +$254K |
|
534
CACI
CACI
$10.5B
| $1.64M | ﹤0.01% |
+8,889
| New | +$1.64M |
|
535
US Foods
USFD
$22.1B
| $1.64M | ﹤0.01% |
53,035
-2,177,313
| -98% | -$75.3M |
|
536
Micron Technology
MU
$988B
| $1.57M | ﹤0.01% |
34,703
-9,580
| -22% | -$483K |
|
|
SRE.PRB
537
DELISTED
Sempra 6.75% Mandatory Convertible Preferred Stock, Series B
SRE.PRB
| $1.52M | ﹤0.01% |
+15,000
| New | +$1.54M |
|
538
AMC Global Media
AMCX
$427M
| $1.5M | ﹤0.01% |
22,530
-8,080
| -26% | -$504K |
|
539
Group 1 Automotive
GPI
$3.53B
| $1.49M | ﹤0.01% |
23,013
-293
| -1% | -$21.2K |
|
540
Brinker International
EAT
$9B
| $1.45M | ﹤0.01% |
31,003
-516
| -2% | -$24.1K |
|
541
Trip.com Group
TCOM
$29.3B
| $1.43M | ﹤0.01% |
38,576
+375
| +1% | +$15.2K |
|
542
VeriSign
VRSN
$25.9B
| $1.43M | ﹤0.01% |
8,912
+4,433
| +99% | +$679K |
|
543
Bloomin' Brands
BLMN
$759M
| $1.39M | ﹤0.01% |
70,085
+10,451
| +18% | +$204K |
|
544
Ameriprise Financial
AMP
$48.1B
| $1.35M | ﹤0.01% |
+9,148
| New | +$1.31M |
|
545
Asbury Automotive
ABG
$4.34B
| $1.34M | ﹤0.01% |
19,481
-240
| -1% | -$17.3K |
|
546
JD.com
JD
$43.6B
| $1.33M | ﹤0.01% |
51,070
-3,070,543
| -98% | -$101M |
|
547
The Greenbrier Companies
GBX
$1.52B
| $1.33M | ﹤0.01% |
22,113
-1,213
| -5% | -$69.9K |
|
548
Marcus & Millichap
MMI
$1.18B
| $1.27M | ﹤0.01% |
36,696
-469
| -1% | -$17.8K |
|
|
PPBI
549
DELISTED
Pacific Premier Bancorp
PPBI
| $1.27M | ﹤0.01% |
34,165
-447
| -1% | -$17.1K |
|
550
Westlake Corp
WLK
$9.19B
| $1.25M | ﹤0.01% |
15,044
-115
| -0.8% | -$11.2K |
|
Similar funds
Jennison Associates's Q3 2018 Portfolio in Review
As of Q3 2018, Jennison Associates held 739 positions worth $109B, up 5.9% from $103B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jennison Associates's Q3 2018 filing shows 86 new, 214 increased, 352 reduced and 81 closed positions. Its largest new stake was Tiffany & Co.: 1,169,094 shares worth $151M. The largest sale was FedEx, an estimated $591M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jennison Associates's largest Q3 2018 buy was Tiffany & Co.: 1,169,094 shares worth $151M.
- Jennison Associates added most to AstraZeneca in Q3 2018, an estimated $774M increase.
- Jennison Associates's biggest Q3 2018 reduction was FedEx, cutting an estimated $591M.
- Jennison Associates fully exited Cheniere Energy Partners LP Holdings LLC in Q3 2018, selling an estimated $134M.
- Jennison Associates's ten largest holdings make up 30% of its $109B portfolio in Q3 2018.
- Jennison Associates opened 86 new positions and closed 81 in Q3 2018.
- Jennison Associates's portfolio value rose 5.9% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q3 2018, filed 8 Nov 2018.